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FORM DC2 DECLARATION OF PERSONAL CREDITOR WITH NO DOCUMENTS TO SUPPORT PROOF OF DEBT (DRS) PARTICULARS OF CREDITOR Name: ID No.: Nationality: Correspondence Address: Contact No.: Fax No.: Email: DECLARATION

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How to fill out declaration of personal creditor

How to fill out a declaration of personal creditor:

01

Start by obtaining the official declaration form from the relevant authority or institution. This form may be available online or at a local office.

02

Begin by providing your personal information, including your full name, address, and contact details. Ensure that all the information is accurate and up to date.

03

Indicate the type of creditor you are declaring. This could be a private individual or an organization. Include their name, address, and contact details.

04

Specify the nature of the debt or obligation owed to the creditor. Provide a clear explanation of the debt, including the purpose, amount, and any relevant terms or conditions.

05

Include the date when the debt was incurred or when the obligation was agreed upon. If there is a repayment schedule or deadline, mention it as well.

06

Declare any collateral or assets that are being used as security for the debt. This could include property, vehicles, or any other valuable possessions that have been pledged.

07

Sign and date the declaration form, confirming that the information provided is true and accurate to the best of your knowledge.

08

Keep a copy of the completed form for your records and submit the original to the appropriate authority or institution.

Who needs declaration of personal creditor?

01

Individuals who have borrowed money from private individuals or organizations and need to formalize their debt.

02

Individuals who have entered into an agreement or contract with a private individual or organization, which requires a declaration of the creditor.

03

Organizations or institutions that require individuals to declare their personal creditors as part of a financial or legal process.

Remember, it is advisable to consult with a legal professional or financial advisor when filling out a declaration of personal creditor to ensure compliance with local laws and regulations.

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What is declaration of personal creditor?

Declaration of personal creditor is a form that individuals are required to file with their financial institution to declare any personal loans or debts owed to creditors.

Who is required to file declaration of personal creditor?

Individuals who have personal loans or debts owed to creditors are required to file declaration of personal creditor.

How to fill out declaration of personal creditor?

To fill out the declaration of personal creditor, individuals must provide information about the creditor, the amount owed, and any repayment terms.

What is the purpose of declaration of personal creditor?

The purpose of declaration of personal creditor is to provide transparency and accountability regarding an individual's personal loans or debts.

What information must be reported on declaration of personal creditor?

Information such as the creditor's name, amount owed, and repayment terms must be reported on declaration of personal creditor.

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